It's worth noting that this update is not being released for smartphones. The latest version is still MeeGo v1.1 for Handset, released on October 28, 2010. Here are a few of the listed enhancements for version 1.2:

MeeGo development is expected to continue on a six-month cadence, with MeeGo 1.3 scheduled to be released in October 2011. Many new features targeting MeeGo 1.3 have already been accepted in MeeGo Featurezilla, and some new components are already being integrated.

MeeGo was created last year by the merger of Nokia and Intel's Linux-based platforms. Although Nokia dropped MeeGo and Symbian for Windows Phone earlier this year, we must remember that strategy only applies to smartphones. The company still plans to ship a MeeGo-related product later this year (we think it's their tablet).

Furthermore, Intel is still pushing MeeGo despite Nokia's change in strategy. While nobody can replace Nokia, companies like LG are starting to show a little interest in the platform. We've mentioned this before, but it's worth emphasizing once again: MeeGo has a much harder uphill battle to fight against Android and iOS than even Windows Phone or WebOS do.